228 & 230 Apache Street Plantation Key, FL 33070
- Added:
- Mar 21, 2026
- Days on Market:
- 12
- Last Refresh:
- Apr 1 at 9:06 pm
Property Features for 228 & 230 Apache Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Multi Family
- Zoning
- R1M - Residential SF Masonry
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking features
- Open
- Appliances
- Dryer, Range, Refrigerator
- Standard status
- Active
- APN
- 00424390-000000
- Size
- 1,500 SF
Taxes and HOA fees
- TaxYear
- 2024
- TaxAnnualAmount
- 8044.89
- Expense value
- 200
- Expense
- Home Owner Assessments Fee
- Expense freq.
- Annually
Utilities
- Water front features
- Canal Front, Waterfront
- Water front
- 1
Building Details
- Year built
- 1959
- Number of units
- 2
- Building materials
- Concrete
- Roof type
- Metal
- Architectural style
- Other
Listing agent Christy Hughes License #3265558 (305) 393-6190
Listing office Coldwell Banker Schmitt Islamorada 85990 Overseas Highway, ISLAMORADA, FL (305) 664-4470
Listing date Mar 21, 2026
MLS# 617107
Listing URL
Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Waterfront Duplex with Redevelopment Potential
Located in the Indian Mound neighborhood of Plantation Key, this canal-front duplex offers a blend of Old Florida charm and redevelopment potential. Constructed in 1959, the concrete building features two units, each containing two bedrooms and one bathroom. Both units are currently leased month-to-month to long-term tenants. The property includes 32 feet of dockage on a 100-foot wide turning basin, providing convenient access to the bay and Tavernier Creek for ocean access. The property features terrazzo floors and feature walls. A 5V-crimp Galvalume metal roof protects the homes, which are cooled by two 2019 A/C systems. Set on an oversized 10,000 square foot lot shaded by trees and served by buried power lines, the property offers redevelopment and investment options. The Village of Islamorada recognizes the potential to sell two market-rate waterfront Transferable Development Rights (TDRs), replace them with early-evacuation affordable housing allocations, and maintain rental income. Another option involves selling one TDR and converting the duplex into a single-family home. Buyers should confirm all redevelopment options with the Village of Islamorada Planning Department. The property is ideal for those seeking Keys charm and income potential. The property size is 1,500 square feet. A vacant 7,023 square foot lot next door is available separately.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Plantation Key
- County
- Monroe
- State
- Florida
- Longitude
- -80.5490982
- Latitude
- 24.9885778
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Canal-front duplex in Plantation Key with income and redevelopment opportunities.
Where is this duplex located?
The property is located at 228 & 230 Apache Street Plantation Key, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Waterfront property with **32' dock on a wide turning basin, providing quick access to the bay and ocean.**; Income‑producing duplex with two 2‑bedroom, 1‑bath units, currently leased to long‑term tenants.; Redevelopment potential with options to sell Transferable Development Rights (TDRs) or convert to a single‑family home.
